Key Vote: No on Ex-Im Bank Reauthorization
Vote h576-2015
Description
The House will soon consider legislation to reauthorize the Export Import Bank. Having expired this summer, a band of Representatives summoned a seldom-used parliamentary procedure known as a discharge petition to skirt the usual legislative process and force a vote on the House floor for H.R. 597, the Reform Exports and Expand the American Economy Act of 2015. The Ex-Im Bank is the poster-child for corporate welfare and a hallmark of cronyism. Further, the Export-Import bank is used to provide hundreds of millions of dollars a year for unnecessary energy subsidies that distort the market and hurt consumers. The American Energy Alliance urges all Members to oppose reauthorization of the Export-Import Bank and vote against H.R. 3611.
President Obama has used Ex-Im to advance his costly green energy agenda. The Ex-Im Bank has been very aggressive with their subsidies for renewable energy exports to the tune of $257 million in FY 2013, $355.5 million in FY 2012, $721.4 million in FY 2011, $332 million in FY 2010, and $101 million in FY 2009. Ex-Im has provided large subsidies for natural gas, solar, nuclear, and wind projects. In fact, Ex-Im doled out $19 billion for energy-related projects between FY2007 and FY2014, 11 percent of all of Ex-Im subsidies over that time period.
This green agenda is checkered with controversial arrangements and marked disasters. For example, at one point Ex-Im issued $455.7 million in loan guarantees to St. Clair Solar in order to purchase solar panels from First Solar. Remarkably, it was uncovered that St. Clair actually owns First Solar; Ex-Im was paying a company to buy and sell products to itself and call it an “export.”
Examples of Ex-Im corruption further abound in the energy sector. Some companies “double dip” in federal subsidies as well as Ex-Im financing. For instance, energy giants Gamesa, Areva, and Abengoa - whose combined 2014 revenue tops $20 billion - have all received billions of dollars from a combination of Ex-Im assistance and taxpayer-subsidized Section 1603 grants.
One of Ex-Im’s most notable ventures came in the Solyndra debacle. Ex-Im approved a $10 million loan guarantee to a Belgian bank that financed the purchase of solar panels from Solyndra, a firm that went bankrupt after receiving a loan guarantee of more than $500 million from the Obama administration.
Further, the Ex-Im bank has been tied to Brazilian industrial magnate Marcelo Odebrecht, who was arrested on corruption charges for allegedly bribing officials at Petrobas, Brazil’s state-owned oil company. Diane Katz of The Heritage Foundation points out instances of Petrobras receiving Ex-Im handouts:
In 1998, for example, the Ex-Im board conferred “delegated authority” on Petrobras to issue up to $100 million in loan insurance and guarantees backed by the bank. Other deals include:
- January/May 2001: $44 million in financing for Petrobras to purchase a steam turbine and generator from General Electric for a power plant project. Four months later, the loan amount was increased to $97 million.
- October 2001: A $178 million loan to buy gas turbines and other equipment for a power plant project involving Petrobras and two other companies.
- May 2005: A $39 million loan guarantee for equipment to build an oil production platform for Petrobras off the coast of Brazil.
- 2009: A preliminary commitment of $2 billion to Petrobras as part of the bank’s “proactive outreach.” The financing was intended to develop offshore oil and gas reserves and upgrade its refining and distribution infrastructure. (This financing coincided with the Obama administration’s restrictions on offshore oil and gas projects.)
- February 2010: A $308 million loan guarantee to a Petrobras subsidiary for oil and gas field development. Bank records show $100 million is still outstanding.
- 2012: A $23 million loan guarantee to a Brazilian firm that will supply helicopter services to Petrobras for its deep-water drilling rigs.
While the Ex-Im bank was busy financing Brazil’s corrupt state-run oil company, the Obama administration has made it more difficult for American oil companies to obtain offshore drilling permits in the U.S., has not allowed the Keystone XL pipeline to cross the border from Canada, and has cancelled lease sales that would allow more oil and natural gas production in the United States.
Congress should listen to the American people and refuse to reopen the Export-Import Bank. The American Energy Alliance urges Congress to oppose H.R. 3611 and will include it in our American Energy Scorecard. NO is the pro-taxpayer, pro-free markets, anti-corruption, and pro-energy vote.
Passed
313 to 118- VOTED YES
- VOTED NO
- DID NOT VOTE
Key Vote: No on Ex-Im Bank Reauthorization
STATE | DISTRICT | NAME | PARTY | SCORE |
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TN | Sen. Marsha Blackburn | R | 89% | |
WY | Sen. Cynthia Lummis | R | 89% | |
WV | District 1 | Rep. David McKinley | R | 86% |
NJ | District 4 | Rep. Christopher Smith | R | 86% |
AK | District At-Large | Rep. Don Young | R | 80% |
IN | Sen. Todd Young | R | 80% | |
ND | Sen. Kevin Cramer | R | 74% | |
NY | District 24 | Rep. John Katko | R | 71% |
MI | District 6 | Rep. Fred Upton | R | 71% |
IL | District 16 | Rep. Adam Kinzinger | R | 67% |
NY | District 23 | Rep. Tom Reed | R | 60% |
AZ | Sen. Kyrsten Sinema | D | 5% | |
TX | District 28 | Rep. Henry Cuellar | D | 14% |
NY | District 4 | Rep. Kathleen Rice | D | 14% |
OR | District 5 | Rep. Kurt Schrader | D | 14% |
AL | District 4 | Rep. Robert Aderholt | R | 100% |
GA | District 12 | Rep. Rick Allen | R | 100% |
NV | District 2 | Rep. Mark Amodei | R | 100% |
TX | District 36 | Rep. Brian Babin | R | 100% |
KY | District 6 | Rep. Andy Barr | R | 100% |
FL | District 12 | Rep. Gus Bilirakis | R | 100% |
IL | District 12 | Rep. Mike Bost | R | 100% |
TX | District 8 | Rep. Kevin Brady | R | 100% |
AL | District 5 | Rep. Mo Brooks | R | 100% |
FL | District 16 | Rep. Vern Buchanan | R | 100% |
CO | District 4 | Rep. Ken Buck | R | 100% |
IN | District 8 | Rep. Larry Bucshon | R | 100% |
TX | District 26 | Rep. Michael Burgess | R | 100% |
CA | District 42 | Rep. Ken Calvert | R | 100% |
GA | District 1 | Rep. Buddy Carter | R | 100% |
TX | District 31 | Rep. John Carter | R | 100% |
OH | District 1 | Rep. Steven Chabot | R | 100% |
OK | District 4 | Rep. Tom Cole | R | 100% |
AR | District 1 | Rep. Rick Crawford | R | 100% |
IL | District 13 | Rep. Rodney Davis | R | 100% |
TN | District 4 | Rep. Scott DesJarlais | R | 100% |
FL | District 25 | Rep. Mario Diaz-Balart | R | 100% |
SC | District 3 | Rep. Jeffrey Duncan | R | 100% |
MN | District 6 | Rep. Tom Emmer | R | 100% |
TN | District 3 | Rep. Chuck Fleischmann | R | 100% |
NE | District 1 | Rep. Jeff Fortenberry | R | 100% |
NC | District 5 | Rep. Virginia Foxx | R | 100% |
OH | District 7 | Rep. Bob Gibbs | R | 100% |
TX | District 1 | Rep. Louie Gohmert | R | 100% |
AZ | District 4 | Rep. Paul Gosar | R | 100% |
TX | District 12 | Rep. Kay Granger | R | 100% |
LA | District 6 | Rep. Garret Graves | R | 100% |
MO | District 6 | Rep. Sam Graves | R | 100% |
VA | District 9 | Rep. Morgan Griffith | R | 100% |
WI | District 6 | Rep. Glenn Grothman | R | 100% |
KY | District 2 | Rep. Brett Guthrie | R | 100% |
MD | District 1 | Rep. Andy Harris | R | 100% |
MO | District 4 | Rep. Vicky Hartzler | R | 100% |
WA | District 3 | Rep. Jaime Herrera Beutler | R | 100% |
GA | District 10 | Rep. Jody Hice | R | 100% |
AR | District 2 | Rep. French Hill | R | 100% |
NC | District 8 | Rep. Richard Hudson | R | 100% |
MI | District 2 | Rep. Bill Huizenga | R | 100% |
CA | District 50 | Rep. Darrell Issa | R | 100% |
OH | District 6 | Rep. Bill Johnson | R | 100% |
OH | District 4 | Rep. Jim Jordan | R | 100% |
OH | District 14 | Rep. Dave Joyce | R | 100% |
MS | District 1 | Rep. Trent Kelly | R | 100% |
PA | District 16 | Rep. Mike Kelly | R | 100% |
IL | District 18 | Rep. Darin LaHood | R | 100% |
CA | District 1 | Rep. Doug LaMalfa | R | 100% |
CO | District 5 | Rep. Doug Lamborn | R | 100% |
OH | District 5 | Rep. Robert Latta | R | 100% |
MO | District 7 | Rep. Billy Long | R | 100% |
GA | District 11 | Rep. Barry Loudermilk | R | 100% |
OK | District 3 | Rep. Frank Lucas | R | 100% |
MO | District 3 | Rep. Blaine Luetkemeyer | R | 100% |
KY | District 4 | Rep. Thomas Massie | R | 100% |
CA | District 23 | Rep. Kevin McCarthy | R | 100% |
TX | District 10 | Rep. Michael McCaul | R | 100% |
CA | District 4 | Rep. Tom McClintock | R | 100% |
NC | District 10 | Rep. Patrick McHenry | R | 100% |
WA | District 5 | Rep. Cathy McMorris Rodgers | R | 100% |
MI | District 4 | Rep. John Moolenaar | R | 100% |
WV | District 2 | Rep. Alex Mooney | R | 100% |
OK | District 2 | Rep. Markwayne Mullin | R | 100% |
WA | District 4 | Rep. Dan Newhouse | R | 100% |
CA | District 22 | Rep. Devin Nunes | R | 100% |
MS | District 4 | Rep. Steven Palazzo | R | 100% |
AL | District 6 | Rep. Gary Palmer | R | 100% |
PA | District 10 | Rep. Scott Perry | R | 100% |
FL | District 8 | Rep. Bill Posey | R | 100% |
SC | District 7 | Rep. Tom Rice | R | 100% |
AL | District 3 | Rep. Mike Rogers | R | 100% |
KY | District 5 | Rep. Harold Rogers | R | 100% |
NC | District 7 | Rep. David Rouzer | R | 100% |
LA | District 1 | Rep. Steve Scalise | R | 100% |
AZ | District 6 | Rep. David Schweikert | R | 100% |
GA | District 8 | Rep. Austin Scott | R | 100% |
TX | District 17 | Rep. Pete Sessions | R | 100% |
ID | District 2 | Rep. Mike Simpson | R | 100% |
MO | District 8 | Rep. Jason Smith | R | 100% |
NE | District 3 | Rep. Adrian Smith | R | 100% |
NY | District 21 | Rep. Elise Stefanik | R | 100% |
UT | District 2 | Rep. Chris Stewart | R | 100% |
PA | District 15 | Rep. Glenn Thompson | R | 100% |
OH | District 10 | Rep. Michael Turner | R | 100% |
CA | District 21 | Rep. David Valadao | R | 100% |
MO | District 2 | Rep. Ann Wagner | R | 100% |
MI | District 7 | Rep. Tim Walberg | R | 100% |
IN | District 2 | Rep. Jackie Walorski | R | 100% |
TX | District 14 | Rep. Randy Weber | R | 100% |
FL | District 11 | Rep. Daniel Webster | R | 100% |
OH | District 2 | Rep. Brad Wenstrup | R | 100% |
AR | District 4 | Rep. Bruce Westerman | R | 100% |
TX | District 25 | Rep. Roger Williams | R | 100% |
SC | District 2 | Rep. Joe Wilson | R | 100% |
VA | District 1 | Rep. Robert Wittman | R | 100% |
AR | District 3 | Rep. Steve Womack | R | 100% |
NY | District 1 | Rep. Lee Zeldin | R | 100% |
NM | Sen. Ben Luján | D | 10% | |
NC | District 12 | Rep. Alma Adams | D | 0% |
CA | District 31 | Rep. Pete Aguilar | D | 0% |
CA | District 37 | Rep. Karen Bass | D | 0% |
OH | District 3 | Rep. Joyce Beatty | D | 0% |
CA | District 7 | Rep. Ami Bera | D | 0% |
VA | District 8 | Rep. Donald Beyer | D | 0% |
GA | District 2 | Rep. Sanford Bishop | D | 0% |
OR | District 3 | Rep. Earl Blumenauer | D | 0% |
OR | District 1 | Rep. Suzanne Bonamici | D | 0% |
PA | District 2 | Rep. Brendan Boyle | D | 0% |
CA | District 26 | Rep. Julia Brownley | D | 0% |
IL | District 17 | Rep. Cheri Bustos | D | 0% |
NC | District 1 | Rep. G. Butterfield | D | 0% |
CA | District 29 | Rep. Tony Cárdenas | D | 0% |
IN | District 7 | Rep. André Carson | D | 0% |
PA | District 8 | Rep. Matt Cartwright | D | 0% |
FL | District 14 | Rep. Kathy Castor | D | 0% |
TX | District 20 | Rep. Joaquín Castro | D | 0% |
CA | District 27 | Rep. Judy Chu | D | 0% |
RI | District 1 | Rep. David Cicilline | D | 0% |
MA | District 5 | Rep. Katherine Clark | D | 0% |
NY | District 9 | Rep. Yvette Clarke | D | 0% |
MO | District 5 | Rep. Emanuel Cleaver | D | 0% |
SC | District 6 | Rep. James Clyburn | D | 0% |
TN | District 9 | Rep. Steve Cohen | D | 0% |
VA | District 11 | Rep. Gerald Connolly | D | 0% |
TN | District 5 | Rep. Jim Cooper | D | 0% |
CA | District 16 | Rep. Jim Costa | D | 0% |
CT | District 2 | Rep. Joe Courtney | D | 0% |
IL | District 7 | Rep. Danny Davis | D | 0% |
OR | District 4 | Rep. Peter DeFazio | D | 0% |
CO | District 1 | Rep. Diana DeGette | D | 0% |
CT | District 3 | Rep. Rosa DeLauro | D | 0% |
WA | District 1 | Rep. Suzan DelBene | D | 0% |
CA | District 11 | Rep. Mark DeSaulnier | D | 0% |
FL | District 22 | Rep. Ted Deutch | D | 0% |
MI | District 12 | Rep. Debbie Dingell | D | 0% |
TX | District 35 | Rep. Lloyd Doggett | D | 0% |
PA | District 18 | Rep. Mike Doyle | D | 0% |
IL | Sen. Tammy Duckworth | D | 0% | |
CA | District 18 | Rep. Anna Eshoo | D | 0% |
IL | District 11 | Rep. Bill Foster | D | 0% |
FL | District 21 | Rep. Lois Frankel | D | 0% |
OH | District 11 | Rep. Marcia Fudge | D | 0% |
AZ | District 7 | Rep. Ruben Gallego | D | 0% |
CA | District 3 | Rep. John Garamendi | D | 0% |
TX | District 9 | Rep. Al Green | D | 0% |
AZ | District 3 | Rep. Raúl Grijalva | D | 0% |
FL | District 20 | Rep. Alcee Hastings | D | 0% |
NY | District 26 | Rep. Brian Higgins | D | 0% |
CT | District 4 | Rep. Jim Himes | D | 0% |
MD | District 5 | Rep. Steny Hoyer | D | 0% |
CA | District 2 | Rep. Jared Huffman | D | 0% |
TX | District 18 | Rep. Sheila Jackson Lee | D | 0% |
NY | District 8 | Rep. Hakeem Jeffries | D | 0% |
GA | District 4 | Rep. Hank Johnson | D | 0% |
TX | District 30 | Rep. Eddie Johnson | D | 0% |
OH | District 9 | Rep. Marcy Kaptur | D | 0% |
MA | District 9 | Rep. Bill Keating | D | 0% |
IL | District 2 | Rep. Robin Kelly | D | 0% |
MI | District 5 | Rep. Dan Kildee | D | 0% |
WA | District 6 | Rep. Derek Kilmer | D | 0% |
WI | District 3 | Rep. Ron Kind | D | 0% |
AZ | District 2 | Rep. Ann Kirkpatrick | D | 0% |
NH | District 2 | Rep. Ann Kuster | D | 0% |
RI | District 2 | Rep. Jim Langevin | D | 0% |
WA | District 2 | Rep. Rick Larsen | D | 0% |
CT | District 1 | Rep. John Larson | D | 0% |
MI | District 14 | Rep. Brenda Lawrence | D | 0% |
CA | District 13 | Rep. Barbara Lee | D | 0% |
CA | District 33 | Rep. Ted Lieu | D | 0% |
CA | District 19 | Rep. Zoe Lofgren | D | 0% |
CA | District 47 | Rep. Alan Lowenthal | D | 0% |
MA | District 8 | Rep. Stephen Lynch | D | 0% |
NY | District 12 | Rep. Carolyn Maloney | D | 0% |
NY | District 18 | Rep. Sean Maloney | D | 0% |
CA | District 6 | Rep. Doris Matsui | D | 0% |
MN | District 4 | Rep. Betty McCollum | D | 0% |
MA | District 2 | Rep. Jim McGovern | D | 0% |
CA | District 9 | Rep. Jerry McNerney | D | 0% |
NY | District 5 | Rep. Gregory Meeks | D | 0% |
NY | District 6 | Rep. Grace Meng | D | 0% |
WI | District 4 | Rep. Gwen Moore | D | 0% |
MA | District 6 | Rep. Seth Moulton | D | 0% |
NY | District 10 | Rep. Jerrold Nadler | D | 0% |
CA | District 32 | Rep. Grace Napolitano | D | 0% |
MA | District 1 | Rep. Richard Neal | D | 0% |
NJ | District 1 | Rep. Donald Norcross | D | 0% |
NJ | District 6 | Rep. Frank Pallone | D | 0% |
NJ | District 9 | Rep. Bill Pascrell | D | 0% |
NJ | District 10 | Rep. Donald Payne | D | 0% |
CA | District 12 | Rep. Nancy Pelosi | D | 0% |
CO | District 7 | Rep. Ed Perlmutter | D | 0% |
CA | District 52 | Rep. Scott Peters | D | 0% |
ME | District 1 | Rep. Chellie Pingree | D | 0% |
WI | District 2 | Rep. Mark Pocan | D | 0% |
NC | District 4 | Rep. David Price | D | 0% |
IL | District 5 | Rep. Mike Quigley | D | 0% |
LA | District 2 | Rep. Cedric Richmond | D | 0% |
CA | District 40 | Rep. Lucille Roybal-Allard | D | 0% |
CA | District 36 | Rep. Raul Ruiz | D | 0% |
MD | District 2 | Rep. C.A. Dutch Ruppersberger | D | 0% |
IL | District 1 | Rep. Bobby Rush | D | 0% |
OH | District 13 | Rep. Tim Ryan | D | 0% |
CA | District 38 | Rep. Linda Sánchez | D | 0% |
MD | District 3 | Rep. John Sarbanes | D | 0% |
IL | District 9 | Rep. Jan Schakowsky | D | 0% |
CA | District 28 | Rep. Adam Schiff | D | 0% |
VA | District 3 | Rep. Robert Scott | D | 0% |
GA | District 13 | Rep. David Scott | D | 0% |
AL | District 7 | Rep. Terri Sewell | D | 0% |
CA | District 30 | Rep. Brad Sherman | D | 0% |
NJ | District 8 | Rep. Albio Sires | D | 0% |
WA | District 9 | Rep. Adam Smith | D | 0% |
CA | District 14 | Rep. Jackie Speier | D | 0% |
OH | District 15 | Rep. Steve Stivers | R | 0% |
CA | District 15 | Rep. Eric Swalwell | D | 0% |
CA | District 41 | Rep. Mark Takano | D | 0% |
CA | District 5 | Rep. Mike Thompson | D | 0% |
MS | District 2 | Rep. Bennie Thompson | D | 0% |
NV | District 1 | Rep. Dina Titus | D | 0% |
NY | District 20 | Rep. Paul Tonko | D | 0% |
CA | District 35 | Rep. Norma Torres | D | 0% |
MD | Sen. Chris Van Hollen | D | 0% | |
CA | District 51 | Rep. Juan Vargas | D | 0% |
TX | District 33 | Rep. Marc Veasey | D | 0% |
TX | District 34 | Rep. Filemon Vela | D | 0% |
NY | District 7 | Rep. Nydia Velázquez | D | 0% |
FL | District 23 | Rep. Debbie Wasserman Schultz | D | 0% |
CA | District 43 | Rep. Maxine Waters | D | 0% |
NJ | District 12 | Rep. Bonnie Watson Coleman | D | 0% |
VT | District At-Large | Rep. Peter Welch | D | 0% |
FL | District 24 | Rep. Frederica Wilson | D | 0% |
KY | District 3 | Rep. John Yarmuth | D | 0% |